The world's top chip manufacturer on Friday said its December revenue reached 278.16 billion New Taiwan dollars ($8.4 billion), a 57.8% increase on the year. This brought the full-year figure to NT$2.894 trillion, a sharp rise from 2023, when the company logged its first annual decline since 2009 due to a global economic slowdown.

Taiwanese chip making giant TSMC said Friday its net sales rose by more than a third last year, beating its own forecast, as the company continued to benefit from soaring demand for AI technology.